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Review Urges Delay in Borrowing Billions for Bullet Train

The panel includes private-sector financial experts, a University of California dean of engineering, a former Caltrans director and a local government representative. Their warnings are likely to weigh heavily on lawmakers as they consider the project in coming months, said Sen. Joe Simitian (D-Palo Alto), a longtime supporter of high-speed rail who has grown increasingly concerned about the project. Simitian has raised the possibility of putting the entire project on hold for a year to reevaluate the current plan.

“We can’t simply dismiss the legitimate concerns by a group of this caliber,” Simitian said. “Denial is not going to move the project forward.”